The Market Ticker
Commentary on The Capital Markets- Category [Federal Reserve]

Here's the problem: The durables number recently published, the fact that employment growth is not strong (as I pointed out in my interview on Stocks-n-Jocks) and now the collapse in energy that has roundly distorted the CPI, which the Fed claims they must follow (in terms of expectations) means that The Fed will both be behind and unable to respond when, not if, the trend shown in the durables report rears it's ugly head.

The equity market is on the wrong side of this folks.  The bond market, on the other hand, is not.

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